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What is the BEST program? What happens to the matching funds if this issue fails?

April 26, 2017best fails funds happens ISSUE matching program

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What is the BEST program? What happens to the matching funds if this issue fails?

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• The Building Excellent Schools Today (BEST) program is the result of Colorado legislation (HB-08-1335) passed in 2008. The purpose of the program is to provide State matching money funds from Mineral and Lease royalties to help Colorado School Districts build educational facilities that they would otherwise be unable to afford. These state funds are contingent upon the passage of a local school bond election; if the bond fails, we lose these state funds.